WallStSmart

British American Tobacco p.l.c. (BTI)vsRLX Technology Inc (RLX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

British American Tobacco p.l.c. generates 473% more annual revenue ($25.78B vs $4.50B). BTI leads profitability with a 25.0% profit margin vs 21.9%. BTI trades at a lower P/E of 13.9x. BTI earns a higher WallStSmart Score of 60/100 (C).

BTI

Buy

60

out of 100

Grade: C

Growth: 2.7Profit: 8.5Value: 7.3Quality: 5.0
Piotroski: 7/9Altman Z: 1.33

RLX

Buy

58

out of 100

Grade: C

Growth: 4.7Profit: 5.5Value: 6.0Quality: 9.0
Piotroski: 5/9Altman Z: 5.62
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BTIUndervalued (+27.2%)

Margin of Safety

+27.2%

Fair Value

$75.86

Current Price

$56.02

$19.84 discount

UndervaluedFair: $75.86Overvalued

Intrinsic value data unavailable for RLX.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BTI5 strengths · Avg: 8.8/10
Operating MarginProfitability
34.9%10/10

Strong operational efficiency at 34.9%

Market CapQuality
$118.95B9/10

Large-cap with strong market position

Profit MarginProfitability
25.0%9/10

Keeps 25 of every $100 in revenue as profit

P/E RatioValuation
13.9x8/10

Attractively priced relative to earnings

Free Cash FlowQuality
$2.47B8/10

Generating 2.5B in free cash flow

RLX6 strengths · Avg: 9.2/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.0210/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
5.6210/10

Safe zone — low bankruptcy risk

Profit MarginProfitability
21.9%9/10

Keeps 22 of every $100 in revenue as profit

P/E RatioValuation
16.0x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
15.5%8/10

15.5% revenue growth

Areas to Watch

BTI4 concerns · Avg: 3.0/10
Price/BookValuation
9.6x4/10

Trading at 9.6x book value

Revenue GrowthGrowth
1.4%4/10

1.4% revenue growth

EPS GrowthGrowth
-28.6%2/10

Earnings declined 28.6%

Altman Z-ScoreHealth
1.332/10

Distress zone — elevated risk

RLX3 concerns · Avg: 3.0/10
EPS GrowthGrowth
0.6%4/10

0.6% earnings growth

Return on EquityProfitability
6.2%3/10

ROE of 6.2% — below average capital efficiency

Free Cash FlowQuality
$-63.23M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : BTI

The strongest argument for BTI centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 25.0% and operating margin at 34.9%. PEG of 1.35 suggests the stock is reasonably priced for its growth.

Bull Case : RLX

The strongest argument for RLX centers on Price/Book, Debt/Equity, Altman Z-Score. Profitability is solid with margins at 21.9% and operating margin at 14.2%. Revenue growth of 15.5% demonstrates continued momentum.

Bear Case : BTI

The primary concerns for BTI are Price/Book, Revenue Growth, EPS Growth.

Bear Case : RLX

The primary concerns for RLX are EPS Growth, Return on Equity, Free Cash Flow.

Key Dynamics to Monitor

BTI profiles as a value stock while RLX is a growth play — different risk/reward profiles.

RLX carries more volatility with a beta of 1.15 — expect wider price swings.

RLX is growing revenue faster at 15.5% — sustainability is the question.

BTI generates stronger free cash flow (2.5B), providing more financial flexibility.

Bottom Line

BTI scores higher overall (60/100 vs 58/100), backed by strong 25.0% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

British American Tobacco p.l.c.

CONSUMER DEFENSIVE · TOBACCO · USA

British American Tobacco plc offers tobacco and nicotine products to consumers around the world. The company is headquartered in London, the United Kingdom.

RLX Technology Inc

CONSUMER DEFENSIVE · TOBACCO · China

RLX Technology Inc., researches, develops, manufactures, distributes and sells e-vapor products in the People's Republic of China. The company is headquartered in Beijing, China.

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